PROBABILITY
Probability in mathematics is a measure of the likelihood that an event will occur. It's a numerical value between 0 and 1, where 0 represents impossibility and 1 represents certainty. Probability is used to quantify uncertainty and make predictions about the likelihood of different outcomes.
Key Concepts:
Event: A specific outcome or set of outcomes in a random experiment.
Sample Space: The set of all possible outcomes of an experiment.
Probability of an Event: The ratio of favorable outcomes to the total number of possible outcomes.
Types of Probability: Classical, empirical, subjective, and axiomatic probability.
Rules of Probability: Addition rule, multiplication rule, and complement rule.
Formulas:
Basic Probability: P(A) = (Number of favorable outcomes for event A) / (Total number of possible outcomes)
Addition Rule: P(A or B) = P(A) + P(B) - P(A and B)
Complement Rule: P(not A) = 1 - P(A)
Conditional Probability: P(B|A) = P(A and B) / P(A)
Multiplication Rule (for independent events): P(A and B) = P(A) * P(B)
Examples:
Coin Toss: The probability of flipping heads is 1/2, as there are two equally likely outcomes (heads or tails).
Rolling a Die: The probability of rolling a 6 on a standard six-sided die is 1/6.
Drawing a Card: The probability of drawing a red card from a standard deck of 52 cards is 26/52 or 1/2.
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